West Fargo reduces property taxesWest Fargo, ND (WDAY TV) - Good news for people living in the West Fargo School District. Monday night, school officials confirmed a dramatic reduction in property tax.
West Fargo, ND (WDAY TV) - Good news for people living in the West Fargo School District. Monday night, school officials confirmed a dramatic reduction in property tax.
Anyone living in a residential home in West Fargo: Expect to save hundreds because even though the school district is building up, your taxes are going down.
Dr. David Flowers- West Fargo Schools Superintendent: "The legislature this past year did pass some property tax relief."
And it's not the first time it's happened. North Dakota, again, is dropping property tax. In West Fargo, it's falling as much as 50 mills.
Flowers: "It’s evidence of how strong the economy is in our state."
For a residential home owner who values their property at about $100,000 will be saving $225 a year.
If you own a $200,000 home, expect to double that; $450 dollars saved.
On top of that, you can add another $250 in your pocket if your home costs$ 300,000; saving a total of $675 a year.
But wait a minute…
Flowers: "Build Freedom Elementary, Liberty Middle School; we have another school on 52nd street under construction."
West Fargo just built a brand new school.
Mark Lemer- West Fargo School Business Manager: "Establish the mill levy for this upcoming school year at 142.2 mills."
The school district is spending more, but asking for less?
Lemer: "Will be the adoption of certificate of levee."
Well, needless to say, no one opposed at the West Fargo School Board meeting.
Lemer: "We defer any discussion or comments until we actually take up the certificate of levy."
And thanks for people who voted for the $82 million referendum. It doesn't affect the property tax drop at all.
Flowers: "We’re very fortunate to be living in a community that's supportive."
That's not all. Soon, the state will see another decrease; up to 12% off of other tax entities.